News & Reviews:   sanctions

After selling HONOR, it is reported that HUAWEI could be up to selling its premium flagship P and Mate series as well. Due to the US trade ban, the company has been pressured in the smartphone business by facing "a persistent unavailability of technical elements". Therefore, can it be real that the company has come to a point that it needs to sell two of its prestigious smartphone series?

Based on a statement by Analyst Ming-Chi Kuo, it seems that there could be a possibility that Huawei will exit the smartphone market if the conditions between Huawei and the US does not improve. This is due to the fact that the US placed Huawei under a blacklist, which stops them from doing business with US-based companies such as Google, Qualcomm, and potentially more.